Who said that Sprint needs to lower their prices to compete? They are the lowest priced cell provider! My girlfriend pays 70 bucks for unlimited mobile to mobile, texting and data. My bill would easily double that on Verizon.
This merger would be a terrible blow to competitiveness, but I could see it going through if sprint were to be bought out by verizon.
If anything the act of ATT buying T Mobile was a swift move to cover lost ground from Verizon taking future iPhone market share, and wanting to remain the superior provider in terms of total customers. It seems like an attempt to save face in the long term, and as of now I just cant see Sprint staying along without eventually dwindling down, losing money, and being bought out by whichever of the Big Evils are the smallest.
AT&T has a history of growing to big for itself, branching off to prevent or in the face of government recourse, and then merging back with those branch offs when the market changes or regulations change. If we all recall, sbc global was initially a diverge of ATT which later bought ATT and took the name for branding and familiarity.
Just some food for thought,
Intel and AMD
ATI (AMD) and Nvidia
Apple and Windows
iOS and Android
And probably,
AT&T and Verizon Wireless.